The Traderszone Network

Published in TZ Latest News 4 September, 2015 by The TZ Newswire Staff

Don’t take the August job report at face value

The lure of the beach for some, and the lack of enthusiasm for their substitutes back at the office, typically translate into less participation in the Labor Department’s monthly poll. This not only means the figure might be less reliable than usual, but also that it is more likely to understate the job gain, as has been the case since 2010, says Ryan Sweet, senior economist at Moody’s Analytics.